EURO 2001: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
EURO 2001
Largest movements
- Cash -€52,929
down €52,929 (-96.7%), from €54,741 to €1,812
mainly Receivables within one year (-€33,865) and Current investments (-€25,000)
- Receivables within one year +€33,865
up €33,865 (+23.1%), from €146,660 to €180,525
of which Trade receivables: +€32,158
- Current investments +€25,000
new in 2025: €25,000
- Receivables after one year +€19,400
up €19,400 (+6.1%), from €319,725 to €339,125
- Tangible fixed assets -€16,767
down €16,767 (-15.0%), from €112,106 to €95,339
of which Land and buildings: -€15,255
- Reserves +€14,989
up €14,989 (+4.7%), from €321,393 to €336,382
of which Distributable reserves: +€18,650
- Financial charges -€3,253
down €3,253 (-19.4%), from €16,812 to €13,558
- Gross operating margin -€2,140
down €2,140 (-4.3%), from €50,215 to €48,075
- Taxes +€1,786
up €1,786 (+23.7%), from €7,540 to €9,326
- Other operating charges -€792
down €792 (-33.6%), from €2,354 to €1,562
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €633,938 | €644,224 | +€10,286 | +1.6% |
| Fixed assets | 21/28 | €112,106 | €95,339 | -€16,767 | -15.0% |
| Tangible fixed assets | 22/27 | €112,106 | €95,339 | -€16,767 | -15.0% |
| Land and buildings | 22 | €107,206 | €91,951 | -€15,255 | -14.2% |
| Furniture and vehicles | 24 | €4,900 | €3,389 | -€1,511 | -30.8% |
| Current assets | 29/58 | €521,832 | €548,884 | +€27,053 | +5.2% |
| Amounts receivable after more than one year | 29 | €319,725 | €339,125 | +€19,400 | +6.1% |
| Other amounts receivable | 291 | €319,725 | €339,125 | +€19,400 | +6.1% |
| Amounts receivable within one year | 40/41 | €146,660 | €180,525 | +€33,865 | +23.1% |
| Trade receivables | 40 | €8,327 | €40,484 | +€32,158 | +386% |
| Other amounts receivable | 41 | €138,333 | €140,040 | +€1,707 | +1.2% |
| Current investments | 50/53 | - | €25,000 | +€25,000 | |
| Cash at bank and in hand | 54/58 | €54,741 | €1,812 | -€52,929 | -96.7% |
| Deferred charges and accrued income | 490/1 | €706 | €2,424 | +€1,717 | +243% |
| Total equity and liabilities | 10/49 | €633,938 | €644,224 | +€10,286 | +1.6% |
| Equity | 10/15 | €347,399 | €362,390 | +€14,991 | +4.3% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €321,393 | €336,382 | +€14,989 | +4.7% |
| Tax-exempt reserves | 132 | €84,657 | €80,996 | -€3,661 | -4.3% |
| Distributable reserves | 133 | €236,736 | €255,386 | +€18,650 | +7.9% |
| Profit (loss) carried forward | 14 | €1,217 | €1,219 | +€2 | +0.2% |
| Provisions and deferred taxes | 16 | €9,857 | €8,638 | -€1,219 | -12.4% |
| Deferred taxes | 168 | €9,857 | €8,638 | -€1,219 | -12.4% |
| Amounts payable | 17/49 | €276,682 | €273,196 | -€3,486 | -1.3% |
| Amounts payable after more than one year | 17 | €250,200 | €250,000 | -€200 | -0.1% |
| Other amounts payable | 178/9 | €250,200 | €250,000 | -€200 | -0.1% |
| Amounts payable within one year | 42/48 | €9,885 | €10,283 | +€398 | +4.0% |
| Trade debts | 44 | €507 | €2,391 | +€1,884 | +371% |
| Suppliers | 440/4 | €507 | €2,391 | +€1,884 | +371% |
| Advances received on contracts in progress | 46 | €500 | - | -€500 | |
| Taxes, remuneration and social security | 45 | €5,695 | - | -€5,695 | |
| Taxes | 450/3 | €5,695 | - | -€5,695 | |
| Other amounts payable | 47/48 | €3,182 | €7,892 | +€4,710 | +148% |
| Accrued charges and deferred income | 492/3 | €16,597 | €12,913 | -€3,684 | -22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,828 | €15,773 | -€55 | -0.3% |
| Other operating charges | 640/8 | €2,354 | €1,562 | -€792 | -33.6% |
| Gross operating margin | 9900 | €50,215 | €48,075 | -€2,140 | -4.3% |
| Operating profit (loss) | 9901 | €32,033 | €30,740 | -€1,293 | -4.0% |
| Financial income | 75/76B | €6,185 | €5,917 | -€268 | -4.3% |
| Recurring financial income | 75 | €6,185 | €5,917 | -€268 | -4.3% |
| Financial charges | 65/66B | €16,812 | €13,558 | -€3,253 | -19.4% |
| Recurring financial charges | 65 | €16,812 | €13,558 | -€3,253 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €21,406 | €23,098 | +€1,692 | +7.9% |
| Transfer from deferred taxes | 780 | €1,219 | €1,219 | = | 0.0% |
| Income taxes | 67/77 | €7,540 | €9,326 | +€1,786 | +23.7% |
| Profit (loss) for the period | 9904 | €15,086 | €14,991 | -€94 | -0.6% |
| Transfer from tax-exempt reserves | 789 | €3,661 | €3,661 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,746 | €18,652 | -€94 | -0.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.